Exercise 6-4 Your answer is partially correct. Try again. Comfi Airways, Inc., a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they fly commuters from Comi's base airport to the major city in the state, Metropolis. Each month 40 round-trip flights are made. Shown below is a recent month's activity in the form of a cost-volume-profit come statement Fare revenues (400 fares) $50,700 Variable costs Fuel $10,330 Snacks and drinks 720 Landing fees 2,080 Supplies and forms 22,300 Contribution margin 28,392 Fixed costs Depreciation 3,010 Salaries 13,122 Advertising 430 Airport hanger fees 1,750 18,312 Net income $10,000 late the break-even point in (1) dollars and (2) number of fares. (Round answers to decimal place.g. 1.225.) (a) Calculate the break-even point in (1) dollars and (2) number of fares. (Round answers to decimal place, e.g. 1,225.) 1. Break-even point 32700 2. Break-even point fares (b) without calculations, determine the contribution margin at the break-even point. Break-even point (c) If fares were decreased by 10%, an additional 100 fares could be generated. However, total variable costs would increase by 20%. (Round answers to o decimal (1) How much would net income be impacted by this change? Net income increases to s (2) Should the fare decrease be adopted yes LINK TO TEXT